by Lara | Sep 21, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, which is what happened. Summary: The probability that a Dead Cat Bounce is over is very high, but not fully confirmed. A clear breach of the upwards sloping aqua blue trend line on the daily charts would confirm it....
by Lara | Sep 18, 2015 | S&P 500, S&P 500 + DJIA |
Downwards movement was expected as most likely, which is what happened. Summary: The probability that a Dead Cat Bounce is over is very high, but not fully confirmed. A clear breach of the upwards sloping aqua blue trend line on the daily charts would confirm it....
by Lara | Sep 17, 2015 | S&P 500, S&P 500 + DJIA |
Upwards movement continued. Yesterday’s second wave count expected a little upwards movement, but the target at 2,003 was inadequate. Summary: The Dead Cat Bounce is either a fourth wave correction (from yesterday’s wave count) or a second wave correction...
by Lara | Sep 17, 2015 | FTSE, FTSE Historical |
There is only one Elliott Wave count for FTSE. Summary: I have only a bear wave count for FTSE. The bull wave count was invalided and so far I have not been able to find other bull alternatives which fit. Click charts to enlarge. BEAR WAVE COUNT Click chart to...
by Lara | Sep 16, 2015 | S&P 500, S&P 500 + DJIA |
The triangle was invalidated with upwards movement leaving only one hourly wave count. I have a new idea at the hourly chart level for you today. Summary: The Dead Cat Bounce continues and is still most likely a fourth wave correction, which is more likely to end...
by Lara | Sep 15, 2015 | S&P 500, S&P 500 + DJIA |
The correction continued another day, which was allowed for. The Elliott wave counts on the hourly chart are again reduced to two. Summary: Upwards movement remained below 1,988.63, so the triangle remains valid and still has the best overall look. The combination...
by Lara | Sep 14, 2015 | S&P 500, S&P 500 + DJIA |
The correction continued. The first Elliott wave count is well supported by regular technical analysis, and still looks right. Summary: The correction continued on Monday. It may be done now or it may take another one to two days. I expect the downwards trend to...
by Lara | Sep 12, 2015 | S&P 500, S&P 500 + DJIA, S&P 500 Historical |
Sideways movement continued as expected for the first preferred Elliott wave count. Summary: So far it looks like the correction may now be a complete fourth wave triangle. If the triangle fails, then I have a second hourly chart which expects sideways movement for...
by Lara | Sep 10, 2015 | S&P 500, S&P 500 + DJIA |
Again, sideways movement was expected to continue. This is exactly what happened for Thursday. Summary: The short term picture is exactly the same as yesterday. The consolidation is most likely a fourth wave, but may also be a second wave correction. The pathway on...